Ugg news and archive

Deckers Brands Q4 profits widen, Hoka drives sales growth

Deckers Brands has reported a 7.5 percent increase in sales in the fourth quarter driven by a continued strong performance by Hoka. The company, which also owns footwear brand Ugg, made net sales 791.6 million dollars in the three months to March 31, up from 736 million dollars a year earlier. On a constant currency basis, sales were up 10.2...

ManagementFeatured

Deckers Brands ups FY guidance on strong Q3

Deckers Brands has upped its full-year sales and profit outlook after reporting both top- and bottom-line growth in the third quarter of the year. The US company reported a 13.3 percent increase in Q3 sales to 1.188 billion dollars. On a constant currency basis, sales were up 17.5 percent. Breaking it down by channel, wholesale sales increased 8...

Business

Ugg reportedly set to remove presence in independent retailers

Footwear brand Ugg is reportedly set to remove its products from the shelves of independent retailers. The Deckers Brands-owned label is said to have told indies that they won’t be supplied with Ugg boots from as early as next year as the group looks to concentrate its business on multiples. The news was reported by Drapers, which said one...

ManagementFeatured

Deckers Brands Q2 net sales up 21 percent, Ugg and Hoka stand out

Deckers Brands has reported a jump in net sales in the second quarter, driven by strong growth at its Ugg and Hoka brands. In the three months to September 30, net sales came in at 721.9 million dollars, up 21.3 percent year-over-year, or up 24.8 percent on a constant currency basis. Sales at Ugg increased 6.3 percent to 476.5 million dollars in...

Report

Ugg and Fashion Council Germany unveil winners of Rising Voices Award

Fashion Council Germany (FCG), together with lifestyle brand Ugg, has announced the winners and runners up of the Rising Voices Award during an event at Berlin Fashion Week last night. Those selected were revealed at FCG’s Fireside Chat, hosted by chairwoman of the organisation Christiane Arp and Nicks Ericsson, senior director of brand purpose,...

Report

Deckers Brands Q1 sales up 21.8 percent

Deckers Brands first quarter net sales increased 21.8 percent to 614.5 million dollars, while on a constant currency basis, net sales increased 23.5 percent. The company also reaffirmed its financial outlook for the full fiscal year ending March 31, 2023. "Fiscal year 2023 is off to a solid start, with Hoka driving strong growth, propelling the...

Report

Deckers Brands appoints new president of fashion lifestyle

Deckers Brands has announced the appointment of Anne Spangenberg as the group’s new president of fashion lifestyle, effective July 11. Serving on the executive leadership team, Spangenberg will report directly to the CEO and president, Dave Powers. Most recently, Spangenberg served as chief merchant for Nike. In her new role, she has been tasked...

Fashion

Ugg is suing Tommy Hilfiger over its fluffy slides

Ugg, the American purveyor of the iconic sheepskin boot, is suing Tommy Hilfiger for infringement of a fluffy slide it deems similar to its own design. Ugg, which is owned by Deckers Brands, filed a complaint in the California Central District Court claiming Tommy Hilfiger’s “Laydown” shoes infringe on patents related to Uggs’ Fluff Yeah Slides....

Fashion Featured

Yu Prize names Ponder.er as 2022 winners

Hong Kong-based gender-inclusive label Ponder.er, founded by Derek Cheng and Alex Po, has been named the winner of this year’s Yu Prize x Li-Ning Grand Award, an accolade launched last year to support emerging Chinese designers. The duo beat off competition from nine other emerging designer labels to win a 1 million renminbi cash prize,...

Report

Deckers Brands promotes Angela Ogbechie as chief supply chain officer

Deckers Brands has announced the promotion of Angela Ogbechie to the newly created role of chief supply chain officer, effective June 24, 2022. Ogbechie, the company said in a release, will become a member of the executive leadership team, reporting directly to Dave Powers, chief executive officer and president of Deckers Brands. "Angela is...

BusinessFeatured

Building a modern brand based on community and authenticity, according to Ugg and Dai

How can a brand stay relevant in today’s uncertain times? Global lifestyle brand Ugg and women's performance wear label Dai gave an answer to that question in the ‘The Future of Brands’ panel discussion on Tuesday, at this year’s Shoptalk Europe retail show in London. While Ugg is a two-billion-dollar company with numerous sales outlets...

ManagementFeatured

Deckers Brands reports increase in Q4 net sales and earnings

Deckers Brands reported net sales increase of 31.2 percent to 736 million dollars for the fourth quarter. On a constant currency basis, net sales increased 31.7 percent. The company’s full year net sales increased 23.8 percent to 3.150 billion dollars, while on a constant currency basis, net sales increased 23.2 percent.. "Fiscal year 2022 was...